New Delhi, April 3 -- The Delhi high court has issued a notice to Adani Group's Ambuja Cements on a plea by the Delhi stamp duty department, which seeks to recover Rs.218.87 crore in stamp duty and Rs.69 crore in penalties for its merger with Holcim (India) Pvt Ltd.
A division bench comprising chief justice Devendra Kumar Upadhyaya and justice Tushar Rao Gedela briefly heard the matter on 2 April. It directed Ambuja Cements to file its response but did not give a deadline.
The next hearing is scheduled for 17 July.
The plea, filed by revenue counsel Lalltaksh Joshi and reviewed by Mint, seeks to overturn a November 2024 ruling by a single-judge bench of the Delhi high court, which had exempted Ambuja Cements from paying stamp duty of R...
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